South32 (LON:S32) Hits New 1-Year Low – Should You Sell?

South32 Limited (LON:S32)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 117 ($1.53) and last traded at GBX 120.40 ($1.58), with a volume of 226356 shares changing hands. The stock had previously closed at GBX 123.80 ($1.62).

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Canaccord Genuity Group lifted their price target on South32 from GBX 120 ($1.57) to GBX 125 ($1.64) and gave the stock a “sell” rating in a research note on Tuesday, February 11th. Canaccord Genuity Group reiterated a “sell” rating and issued a GBX 120 ($1.57) target price on shares of South32 in a report on Friday, December 13th.

South32 Stock Up 0.3 %

The stock has a market capitalization of £7.27 billion, a PE ratio of 90.78, a P/E/G ratio of 7.26 and a beta of 0.91. The stock’s 50-day moving average is GBX 166 and its 200 day moving average is GBX 175.49.

South32 Company Profile

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.